Amazon Acquires Globalstar for Satellite Services
9 articles • Started 7 months ago • Last updated 7 months ago
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At a Glance · AI-generated
Amazon announced plans to acquire Globalstar for $11.57 billion on April 14, partnering with Apple to provide satellite services for iPhones and Apple Watches. The deal leverages Amazon's Leo satellite constellation to replace Globalstar's existing infrastructure that currently powers Apple's emergency SOS feature. Apple, which owns approximately 20 percent of Globalstar, chose Amazon's technology over competitor Starlink's offering. The acquisition marks a significant shift in the smartphone satellite services landscape and positions Amazon as a direct challenger to Elon Musk's space ambitions.